Barclays gets P1.35bn loan from U.S govt
Tuesday, July 26, 2016
The guaranteed agreement is part of a $250 million (P2.7bn) Overseas Private Investment Corporation (OPIC) loan guarantee programme to Lazare Kaplan International (LKI) through its subsidiary Botswana Finance LLC, with Barclays Bank of Botswana being the first lender in the programme.
Speaking at the signing, Barclays Bank of Botswana managing director, Reinette van der Merwe said the partnership recognises OPIC and the bank’s commitment to sustain the diamond industry.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...